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Updated over 3 years ago on . Most recent reply

User Stats

28
Posts
15
Votes
Ben Gradert
15
Votes |
28
Posts

Airbnb / Short-term financing

Ben Gradert
Posted

Hello! 

My wife and I are building our Airbnb rental business and also have been heavily involved in traditional real estate. With traditional financing for real estate being more strait forward with 9% - 7% hard money or working through a bank loan. What are some ways to secure financing for short -term Airbnb rentals knowing that they are more of a buy and hold.

Any advice from individuals who have done this before on the best way to secure financing? 

I live in Austin and the Airbnb market is incredible but also individual units are expensive. 

Thank you! 

Most Popular Reply

User Stats

89
Posts
72
Votes
Jefferson Brown
  • Investor
  • South Jordan, UT
72
Votes |
89
Posts
Jefferson Brown
  • Investor
  • South Jordan, UT
Replied

Hey Ben!  Visio lending is the only bank we've found that proactively lends to short term rentals.  We're using them now and we like them so far.  Give them a call and ask for Tracy.

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